Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) Sees Significant Decline in Short Interest

Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 41,551,500 shares, a drop of 42.9% from the November 15th total of 72,715,500 shares. Based on an average trading volume of 8,700 shares, the short-interest ratio is presently 4,776.0 days.

Guangzhou Automobile Group Stock Performance

Shares of GNZUF remained flat at $0.46 during midday trading on Friday. Guangzhou Automobile Group has a 1 year low of $0.27 and a 1 year high of $0.49. The firm’s fifty day simple moving average is $0.40 and its 200 day simple moving average is $0.37.

Guangzhou Automobile Group Company Profile

Guangzhou Automobile Group Co, Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of vehicles and motorcycles, and parts and components; and provision of commercial and financial services in Mainland China and internationally. The company operates through two segments, Vehicles and Related Operations, and Others.